Huobi Exchange announced today that they’re all set to list BabyDoge Coin on their platform in the Pioneer Zone. The ‘deposit’ options will be open to users today February 18, 2022, at 9:00 AM UTC. However, the ‘withdrawal’ option will be open from tomorrow February 19 at 2:00 PM UTC.
On the other hand, spot trading for BabyDoge in Huobi will be open only after the deposit volume meets the demand of market trading. Huobi stated that they’ll inform investors in advance when they decide to open the spot trading slots. You can read more details here.
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”BabyDoge launched. Now available for deposits and trading. You asked, we listened! #BabyDogeCoin #BabyDogeCoinArmy. Tag your friends to join @HuobiGlobal @BabyDogeCoin!, tweeted Huobi Global.
Just a few hours before the listing, Huobi had tweeted the ”doo, doo” rhythm hinting that an announcement regarding BabyDoge is on the cards.
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BabyDoge Spikes 13% After Huobi Listing Announcement
BabyDoge jumped +12% today after Huobi announced they’re listing the meme-coin on their platform. The meme-crypto also spiked drastically last month despite the Bitcoin crash and reached an all-time high of $0.000000006345 on January 16. In February, it began displaying mixed signals but has now found a breakthrough in price with the Huobi listing. However, it is now down -39.6% from its ATH.
Once trading goes fully functional tomorrow, its price is expected to shoot up again, as many new investors would enter its fold. The meme-token kept its buying pressure intact this year despite the market facing corrections. Its market cap also touched $609 million with a daily trading volume of around $43 million.
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The meme-coin also surpassed 1 million followers on Twitter and is now a force on social media. It also boasts of a strong community that sticks through thick and thin and aims to make it reach the pinnacle.
Meme-tokens are all the rage since 2021 after Elon Musk announced he invested in Dogecoin. Since then, several meme-coins sprung up in the market and delivered stellar gains to early investors.
The ‘fear of missing out’ hysteria also benefits the meme-coins performance in the indices as investors feel they will ‘miss out’ on its bull run, the same way they missed out on Dogecoin and Shiba Inu’s remarkable performance.
At press time, BabyDoge Coin was trading at $0.000000003848 and is up 12.8% in the 24-hours day trade.